Royalties for Real Estate Virtual Tour
I guess this is the opportunity to say how awesome UE4 is, even paid for it before the subscription became free. Keep it up Epic People.
Anyway, I went through most of the documentation about virtualization and royalties and I understand software developers selling the virtualization software don't need to pay royalties.
I can't seem to find anything matching our case. My company has a Real Estate side and may want to use Unreal Engine to generate still images, videos, and create a virtual tour.
It's clear the company does not need to pay royalties for still images and videos, but if they wanted to create a virtual tour application for real estate agents to demo it to potential customers, will they need to pay anything at all?
asked Jan 18 '17 at 03:15 PM in Legal & Licensing
Thanks for being a long time supporter.
I don't think that's quite right. If there is a virtualization product that is sold on iOS or something, a royalty is owed. If it's a custom work-for-hire project for a client, no royalty is owed on those work-for-hire fees.
Agreed about still images and video. Regarding a virtual tour, it sounds like that virtual tour would have no revenue so there would be no royalty.
answered Jan 18 '17 at 03:22 PM
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